TOKYO: More large Japanese companies are now increasing wages to attract workers and deal with chronic staff disadvantages, a monthly Reuters poll showed upon Thursday (Aug 18), a tentative indication Japan Inc might be slowly addressing spend that has been flat for many years. Still, the Corporate Survey found thatContinue Reading
While the United States might have little hope that will other Southeast Asian countries would give practical help in the event of a turmoil, the Philippines is going to be in the spotlight, says the researcher.Continue Reading
OTTAWA: A delegation of Canadian lawmakers programs to visit Taiwan within October to seek economic opportunities in the Asian countries Pacific region, Generous Member of Parliament Judy Sgro said on Wednesday (Aug 17), a move which could further stoke tensions between China and the West. The relationship between China andContinue Reading
Under Chinese President Xi Jinping and his Russian counterpart Vladimir Putin, Beijing and Moscow have grown increasingly close. A year ago this month, Russia and China held joint military exercises in north-central China involving more than 10,000 troops. Russian Defence Minister Sergei Shoigu praised the Sibu/Cooperation-2021 drills in China’s NingxiaContinue Reading
Myanmar’s military leadership on Wednesday (Aug 17) lashed out at the ASEAN grouping of Southeast Asian countries for excluding its generals from regional gatherings, accusing it of caving to “external pressure”. Members of the Association of Southeast Asian Nations have heaped condemnation on Myanmar’s junta, which they say has failedContinue Reading
HUALIEN: Taiwanese F-16 fighters roared into the night sky on Wednesday (Aug 17) in a show of force in front of the media, demonstrating the military’s determination to defend the democratically governed island in the face of days of Chinese war games. China, which claims Taiwan as its territory, hasContinue Reading
SEOUL: The co-founder of the failed Terra cryptocurrency, which collapsed and wiped out about US$40 billion of investors’ money in May, has admitted he was “wrong”, but said that he was not talking to South Korean investigators. The dramatic disintegration of stablecoin TerraUSD and its sister token Luna – whichContinue Reading
BANGKOK: Arson attacks and explosions hit more than a dozen locations in Thailand’s restive deep south on Wednesday (Aug 17), injuring seven people, authorities said. Officials said most of the targeted sites were convenience stores in petrol stations, all located in the provinces of Pattani, Yala and Narathiwat. A low-levelContinue Reading
BEIJING: A nuclear reactor in southern China has been reconnected to the electricity grid more than a year after it was shut down to repair damage, its operator said. Part of Taishan nuclear power plant in Guangdong province was taken offline last July after Chinese authorities reported minor fuel rodContinue Reading
BEIJING: Some Chinese civil servants have been given an additional responsibility: to help offload a big housing stock as cautious homebuyer sentiment threatens to deepen a property malaise. Sixian, a small city in the eastern province of Anhui, has required civil servants to sell property to their friends and family,Continue Reading